secwatch.observer — SEC 8-K summary
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Issuer:     GETTY REALTY CORP /MD/ (GTY)
CIK:        0001052752
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0000950170-24-015306
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Getty Realty Q4 net earnings $0.30, AFFO $0.57 per share; record FY investment $326.3M
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- Q4 net earnings $0.30/share, FFO $0.51/share, AFFO $0.57/share.
- Full year 2023 net earnings $1.15/share, FFO $2.06/share, AFFO $2.25/share.
- Record investment activity: $326.3M deployed across 81 properties in 2023; Q4 $61.8M across 38 properties.
- Base rental income grew ~10% YoY; AFFO per share grew >5% YoY.
- Management expects continued growth in 2024 via increased cash flow and strong credit profile.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1052752/000095017024015306/0000950170-24-015306-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1052752/000095017024015306/gty-20240214.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-015306

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer